According to the classical dichotomy,which of the following is not influenced by monetary factors?
A)real GDP.
B)real wages.
C)real interest rates.
D)All of the above are correct.

Question

Quizplus · Accepted Answer

The classical dichotomy suggests that real variables, such as real GDP, real wages, and real interest rates, are not influenced by monetary factors, which affect only nominal variables.

According to the Classical Dichotomy,which of the Following Is Not